Don’t be Trumped by The Don’s ‘economy’
The Don has made a lot of promises that the GOP Congress may
not want to keep. The Don's lieutenants are billionaires who know how to make
the financial industry work for their best interests not ours.
Half of our “representatives” are millionaires and have never had to find a
better-paying job, affordable health care or child day care. We taxpayers
provide them with the best health care and child care.
They don't need the ObamaCare premium tax credit to afford basic coverage. They
have never had to fight their insurer to get a needed procedure. They spend
over 50% of their time collecting money from the wealthy who pay for their
expenses.
They have never had to be protected from the fee-hungry
financial services industry. We taxpayers provide them with the best low-fee
($0.29 per $1000) savings and investment plan in the world—the Thrift Savings
Plan. Most have tax-advantaged accounts
and overseas tax shelters. They don't need the Obama Fiduciary Rule to make
sure the industry does not take up to 63%
of their total potential retirement fund in fees.
The Congress wants to cut our Social Security and
Medicare/Medicaid assistance. There is no Constitutional mandate to cut
benefits if the funds we paid in for 30 or 40 years are not enough to cover the
increases in our cost of living. They pay cost overruns for all the other
programs all the time. The Congress does not rely on these benefits
themselves since we pay Congress even after they leave office. They have
millions and still get a pension. The Congress may not provide funds to rebuild
our bridges, roads and other infrastructures if they waste it on The Wall. The
high-paying jobs that we want back may have been made obsolete by technology. It's
up to us to prosper despite The Don's 'economy' for the rich.
Put your serious money to work for the future with 201
saving strategies
Is your advisor following the Fiduciary Rule?
People are surprised to learn that Obama’s initiative to require
advisors to give them good advice has become an issue with leader Trump.
They did not realize that their advisor was NOT
giving them the best advice all this time. They assumed that anyone who is
licensed to sell financial products would never violate the trust they placed
in the person who has control of their money. They never realized that their
advisor is not really working for them but for fee-driven owner. It never
occurred to them that their ‘advisor’ could put them in a product from which
the owner wins and they lose. It could be a high-priced annuity or fund that
cost more than it was worth. They don’t know that many private money managers
are losing clients to Vanguard and other low-cost providers because of fees. No
one told them that over time they could lose
up to 63% of their potential nest egg because their costs were too high.
They just assumed that their ‘advisor’ knew about low-cost products and they
got the “best” deal that was available. They assume that what their ‘advisor’
and provider take in fees, costs, and commissions are reasonable amounts. You
only know after you do research yourself.
What you don’t know CAN hurt you: https://www.amazon.com/Fiduciary-Rule-Get-the-
BEST/dp/1530980275
What can you do to avoid the tax on a deferred annuity?
You bought a deferred annuity years ago and now you know you
will never need the income. But you also know that when this annuity passes to
heirs, your deferred taxes will be a huge burden to your family. All the
deferred income and gains will be taxable to the heir as straight income IN
THEIR TAX BRACKET. You have the right as owner to pay the tax now (low interest
rates keep the deferred tax amount low) and let your heirs have your money plus
growth tax-FREE. And if you need long-term care, you have cash to buy it.
If you can handle the tax now because gains have been small,
you can annuitize the annuity (take monthly income) as the annuitant, pay tax
on the gains gradually year after year and invest the income in blue chip
stocks like Coke, Verizon, Cisco, Pfizer. At death, the securities pass on a
tax-FREE “stepped
up” basis. They avoid any gains in the securities. If you bought the
annuity for $10,000, you pay tax on the gains if it is now $15,000 and your
heirs pay nothing if the $15,000 grows to $50,000 by the time you die.
Show your account this plan: https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019
FREE tax preparation
Advertising to you is how they pay for free credit score and
free tax preparation. https://www.creditkarma.com/ needs
your eyes to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to file a
simple return, this is the cheapest way. The IRS has a topic
look up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/ You
can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit $2,000 subtracted
from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
Is your advisor putting you in a doomed ETF?
ETF are the new brokerage product of the decade. They are
created every month but 100
explode every year. When they do fail, your account may end up in the negative.
There is no money-back guarantee. There were more than 20,000
mutual funds and hundreds of exchange-traded funds. For every new ETF idea
that gets some marketing power from a fast moving stock, there are others that
loose followers. ETFs are the new boiler room of penny stocks. How can you
avoid the failures? Stick with the sector mutual funds that have a track record
and lower fees than the ETFs. For instance, if you had purchased Vanguard
Energy in 2015 as it was falling with falling oil prices, you would now be up
33%. This low-cost mutual fund has been producing 11% a year since 1984 and costs
less than many new and old ETFs. Why chance it? Go with growth at a
reasonable price!
Vanguard Energy is one of the Vanguard Top Ten: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X
Maximize your earnings—cut your advisor fees
Your largest expense you don’t need is your broker/advisor.
Most of us do NOT see all the fees we actually pay. Yes, your immediate advisor
fee may list a fee but the brokerage statement shows only the fund net
earnings per period. The security gross is not shown. It does not
show the 1-2% that the fund manager took before your balance was calculated. So
you don’t see the gains your money earned BEFORE your manager took their “cut.”
That total cost of TWO percent every year you invest for retirement could cut
your potential nest egg by 63%. Why? The Miracle of Compounding works
in reverse too.
Unless your money manager is able to beat the market and the
fees annually—and few have ever done it—you are only hurting yourself. If the
fund you are in earned 6% and your costs are 2%, you are credited with the net
of 4%. You don’t see the gross earnings first less costs. So compare your last
Dec balance to this Dec balance and see how much you actually earned.
Divide by last Dec and compare this to your benchmark or the stock market gain
of 11.9%. Vanguard cut fees because we investors own Vanguard and as it drains
the for-profit fund families, we benefit from ‘buying in bulk’. For instance,
Pimco Total Return, once the world’s largest bond fund, lost $3.2 billion in
December, bringing last year’s total
cash withdrawals to $16.1 billion. Fees are important as this young man
told his father. Vanguard takes most investor
cash for 5th year again.
Are
you earning over 11% a year?
The Vanguard Top Ten earn 11.5% over time:
2016 Total
Return Fund Long-term
Return Longevity
11.9% 500
Index 10.9%* since
1976
33.1% Energy 10.9% since
1984
16.1% Extended
Market 10.7% since
1987
-9.0% Health 16.4% since
1984
1.7% International
Growth 10.0% since
1981
10.7% PRIMECAP 13.4% since
1984
18.3% Small
Cap
Index 10.7% since
1960
8.1% Wellesley Income 9.9% since
1970
12.5% Windsor 11.3% since
1958
13.4% Windsor
11.7% Average
11.5%
*Average Annual Returns as of 12/31/16 .
Create your own $1 million future without advisor
fees that can take 63% of your total:
FREE tax preparation
Advertising to you is how they pay for free credit score and
free tax preparation. https://www.creditkarma.com/ needs
your eyes to obtain dollars from sellers of financial services and they give
you software to file federal and state taxes at no cost. If you need to file a
simple return, this is the cheapest way. The IRS has a topic
look up so you can find the answer to your question easier than waiting on the
telephone for an operator to answer: https://taxmap.ntis.gov/taxmap/ You
can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free.
These sites charge for a state return. You can also use a local AARP tax aide
office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP
does not discriminate by age or income so they can usually take care of most
people. Best tip: deduction for IRA contributions and tax credit $2,000 subtracted
from tax you owe. Double Your Pleasure.
Take your Tax Credits like The Don: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382
How much did your accounts grow in 2016?
What kind of advisor do you have? What
kind do you need—tactical, active or relationship? Warren Buffett
recommends we use low-cost index funds and let Compounding do the work over
time. He does not trade or listen to Wall Street advisors.
John invested in a low-cost stock market index fund when he
got his best job at age 35. He has invested 10% of his income every year. He
retired 2 years ago at age 67. His balance was $887,525 which he shifted to a
balanced fund earning 9.9% to begin funding his retirement income of 6% a year.
During the 32 years, his balance went down 37% but he did not sell. He follows
Buffett: "The market is a way to transfer money from the impatient to the
patient."
David started investing in the same low-cost stock market
index at age 45 and retired at (http://www.moneychimp.com/features/market_cagr.htm)
age 67, two years ago. His balance was $557,201 even after investing TWICE the
amount--20%--every year. He invested for a shorter time—22 vs 32 years. No
broker/advisor has beaten the market that consistently. Let Buffett be your
guide.
TIME, not Wall Street, is the key to success: https://www.amazon.com/Pimps-Wall-Street-money-middlemen-ebook/dp/B0131JBWGM
What is worse than having no affordable health care?
You paid for insurance to cover your health needs but now
you have to wage
a battle with a conglomerate with $millions of legal hours and staff to get
coverage or be reimbursed. It is not like buying an extended warranty. Each of
us needs health care (especially if you have children). Even the GOP
recognized the need for universal coverage in 1988. But the insurance lobby
killed the bill. “The companies know that when they deny claims,” a critic said, “most
people will just give up.” American insurance companies have no
incentive to fulfill their end of the bargain. So you
must fight for your contract right to be reimbursed or get care and most people
can’t. One reason other countries have socialized medicine is because citizens
should not have to compete with a company when they are sick and need help.
It is like clean air and water.
It should not be up to some clerk to decide if you get it or
not. Medical help should only come from your doctor. But doctors are usually
for-profit PCs or LLCs so you can’t count on your doctor for help. As one
victim said, “You have to do all the investigating yourself. You have to become
conversant in medicine. You have to find the right people to contact. You have
to compose your letters in such a way that they can’t be refuted. It takes a
lot of time.” Ask for help from https://www.copatient.com/
and http://werx.org/.
Lobbyists own our Congress, executive and judiciary. They don’t have to fight
for coverage. We taxpayers give it to them so they don’t understand how their
deals to cut coverage affect us.
Marketplace competition is not appropriate for health care.
It is like our need for air and water. We can’t live without health and the Declaration says it
all: certain unalienable Rights, that among these are Life, Liberty
and the pursuit of Happiness. Medicare is an efficient system and should
be extended to all Americans in need.
Ryan doesn’t look like he gives a sh_t about the man’s
health: http://www.rawstory.com/2017/01/former-gop-voter-tells-paul-ryan-obamacare-saved-his-life-ryan-tells-him-to-get-behind-trump/
Has your long-term care insurance premium exploded?
MetLife's Florida
subdivisions can increase
average monthly premiums by $4 to $44 over the next three years, while two
Unum units can raise them by $5 to $55, FL Insurance Commissioner David
Altmaier said on Thursday. Many people have to drop their coverage because of
rate hikes. And there is no refund.
There are alternatives: https://www.amazon.com/Long-term-Care-Insurance-Updated-2013/dp/148274001X
Can you name the 8 people who hold HALF the world’s wealth?
No, The
Don is not one of them yet but he and our Congress will be making the great
divide even larger. 8 is a notable change from last
year, when it took 62 of the superrich to match the assets of the 3.6
billion people in the poorer half of mankind. Some of the 8 are planning on
giving away much of their wealth. However, they may change their mind because
The Don and the GOP are planning on repealing the estate tax. This means the
govt will come after us for the revenue shortfall eventually. Fact:
our real incomes have increased by 21% from 1980 to 2014 while the 1%ers
incomes increased 194%. Compound interest and tax shelters make their increased
wealth almost automatic.
You can use compounding and a FREE legal tax shelter: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520
Vehicles to avoid in 2017
Problems
with electrical systems to audio systems that you can avoid by using this
popular car guide: Ford Escape to Audi RS6.
When you don’t check your facts, you can be tricked.
Could it be that Russia
has been psychologically conditioning him to overlook the past proofs that Russia
is NOT our friend? Russia
wants the West and NATO out of Europe and their
“continent.” Russia
knows that The Don really needs to have approval and praise. They have denied
him the status of putting his Tower up in Moscow
for over 30 years. He has been trying to do a deal there and really needs
to show everyone he can still get his Tower up so that ALL can admire him. Now,
Putin gives him a little sugar—praise—and he wants more and will do almost
anything including distrusting his own sworn patriots to get it.
The Don says:
What if he ignores their assessment of a military move on Ukraine ?
Or is blind to a Putin move near the Poland
border to counter NATO?
Is The Don blinded by his own fetishism—his obsession to
have his Tower in Moscow ?
We are entering the Twilight Zone:
"There is a fifth dimension beyond that which is known
to man. It is a dimension as vast as space and timeless as infinity. It is the
middle ground between light and shadow, between science and
superstition, and it lies between the pit of man's fears and the summit of
his knowledge. It is an area which we call the Twilight
Zone."
Rod Serling
THE DON’S 282 PROMISES
Deportation,
The Wall, Re-Create Jobs, NO Abortion, No ObamaCare, More Guns, No Muslems, Reprochmont
with Russia, Christian
nation, Jail
Clinton, Kill Terrorists and Family, Torture, Cancel
Iran deal, Cancel
EU-NATO, Term
limits, Replace VA head, Coal
Steel Infrastructure, End
drug monopolies, Tax imports esp Ford, Grow 6%, Cut Deficit, Separate
banking speculation, Cancel Consumer Protection Act, Change libel law, outlaw
flag burning, End
own biz ties, End
endless tweets, Cancel
Fiduciary Rule, Wealthy tax break, No tax
income <$50K, tax profits
sent overseas, Change
Washington, Change GOP, Change, Change, It was rigged! … so I would
win!
Remember, Don Trump
is still a contractor from Queens NY, just richer than most.
“Trust
only family” “I'd love to have Jared helping
us on deals with other nations and see if we can do peace in the Middle East ” Ivanka met with Japan Tokyo ?
The Don keeps “friends”
(the mob) closer than enemies:
banks own his future income and Putin could buy up his markers. Worry about
conflicts
of interest.
Worries
about old TV ratings—“Mine are bigger than Arnies”
The Don decides that any news he can’t manipulate is Fake
News
“I
won’t take your question. Fake news”
His own Obama birther Fake news got him fame and millions of
white supporters
His nominee for security quit because she
used other people’s work as her own book.
Can the republic survive to 2020—half his subjects think
the emperor
has no clothes?
“I
don’t care about my company. It doesn’t matter. My kids run it.” No
conflict????
The Don
Way :
Making money from the Secret
Service and Top
Secret info for biz, an Audience
with The Don costs you $, FREE govt
services and health care
Even Trump supporter Fox
News chides Trump on CNN blast about neg news
Stiffs
his vendors $3 million on Wash. Hotel alone
Is it really possible to ignore
your own business interests and do what is best for US?
Your kids
running the day to day does NOT change your conflict of interest
Why is the
secret service protecting his properties around the world?
Why are his
planes maintained by our FAA?
Why are his
trademark and housing disputes handled by own appointees?
Why are his
golf water disputes decided by his EPA appointees?
Why are the
streets around his Tower protected by NYPD and SS day and night?
Why will
his tax return audit get cancelled by his man before completed?
The Don’s lawyer, Sherri Dillon, says that those who
believe that Trump's ownership of hotels [patronized by foreign rulers]
constitutes a violation
of the Constitution’s emoluments clause are "wrong."
*
Promises (lies) and
Actual outcomes:
Speech by Miller who
wrote the ones on stump—rapists,
terrorists, and crooked Hillary.
Trump promises universal health coverage—GOP Ryan
explains why not “universal”
Ryan says
“universal” access so if you can afford one you can buy one!
Next day Trump
says he did not mean “for everyone”
“We’re
going to have insurance for everybody,” Trump said. “There was a philosophy
in some circles that if you can’t pay for it, you don’t get it. That’s not
going to happen with us.” People covered under the law “can expect to have
great health care. It will be in a much simplified form. Much less expensive
and much better.”
Promises
no new deals but signs
deal to expand Scotland golf course. Lie or just B.S.
Says he met/never
met Putie. Does not remember meeting leader of unFREE world. Lie
Rick says oops,
he didn’t mean he would eliminate Energy, his department now. Lie
“We have by far the
highest IQ of any Cabinet ever assembled,” Trump lies again.
Comey
said he never acknowledges an inquiry but made fake Clinton
email inquiry public 11 days before election—Congress to investigate lie.
Treason?
John
Lewis says that he will not acknowledge Trump as legit president. Russia/FBI
ties
“I’m
also very much a germophobe” for story to be true. Really?
What about when you “grab them by the P---Y”
and force a Tic Tac kiss on them? https://www.youtube.com/watch?v=8wM248Wo54U
Russia
even cut off C-span while hearings on The Don’s lieutenants.
The corporate law firm currently advising Trump on his business
conflicts was named "Russia
Law Firm of the Year" last year.
We got “low-balled”
by Trump on his Great Wall. Instead of Mexico paying
for it, now we have to pay FIRST before Mexico since he
‘found’ an existing law that makes it easier. Typical car salesman
trick: https://www.meetkevin.com/salesman-lowballing-highballing
Tax cuts don’t make jobs; consumer demand does. Corporations
already have tons of money and are NOT creating jobs; they are using
the profits to buy back their own shares from the market. This
increases the share value for CEO and upper management. They are not using own
funds or low-cost bank loans to create jobs or build anything. Buybacks are at
all time high.
The Don’s Treasurer Mnuchin says he forgot
to disclose $100 million in assets and offshore accounts
Look at how KS has
cut taxes and are now bankrupt with few new jobs to show. They have to
raise taxes on smokes, booze and business owners and cut road projects, child
education and give up the revenue from tobacco settlement.
Carrier will automate
those 1,000 jobs Trump says he saved so fewer people needed in the future.
It was actually 800
jobs that will be left until next year after the PR.
Watch first 100 days:
Cut affordable health care, medicare, Medicaid, SS
age/benefits, regulations,
Oil and gas and coal expansion and pollution,
Wall Street increases speculation,
cut IRS HNW audits--wealthy send more wealth to tax shelters,
end
of Russian sanctions for hacking and invading Crimea ,
Ukraine
China
not happy about slaps in TX but
celebrates,
more
squeezing genitals: "I love this new world, I no longer have to be
politically correct"
Press
kicked out of WH “They are the enemy” and they stay out till more positive news
on The Don.
Trump’s plan to save
jobs: hire Wilbur Ross who offshored 2,700 jobs.
Suing
The Don does not work
*
Tolerance is
un-American now?
*
Regulators are
the only protection against corporations since we
can’t sue anymore
Secret
Service caught promoting whites over blacks for 8 years documented
Ameritas Investment caught improperly
selling securities to fund annuity purchase
Fake adverts have a life of their own. Bid sites
caught but not eliminated
Supremes
decide which “word” you hear when using credit card or cash
Farmers caught fixing
price of milk again in some states—your refund
awaits.
CA sushi restaurants caught
giving you ____ instead of sushi but at sushi price.
TX Teacher caught having sex with student and gets
10-30 years in prison
Morgan Stanley caught charging
clients more fees and blamed computers
JPMorgan Chase caught paying
women less than men over 5 years same work.
JPMorgan Chase caught charging
blacks/Hispanics more than whites for mortgages
Navient caught cheating
students on their loans requiring higher payments.
TCF National Bank caught tricking
consumers for costly overdraft services.
We were caught raising
Earth’s temp for 3rd year in row and The Don says just a “hoax”
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
GM
killed 124 because ignition switch pin not replaced after knew it
killed first in 2006.
On sexual assault: Sessions was asked whether “grabbing a
woman by her genitals without consent” constitutes sexual assault. In the
context of the 2005 “Access Hollywood” video, he said during the campaign
that he didn’t know. Now he says, “Clearly it would be.”
Obama’s prosecutor has not arrested Trump. Now Trump is
above the law—can grab all the women in the WH!
Police want gun control.
When everyone has guns; your
chance of being killed goes up. Police don’t know who
to shoot. They assume everyone has one and shoot
first. You and thief have guns. CO schools now allow
teachers/administrators to carry
guns in the classroom. Kid lesson! Since 2015, police have killed
86 people with realistic looking FAKE guns--suicide?
CA police shoot
blind man with no weapon then ask questions
Police organization issued a formal
apology for the historic mistreatment of minorities.
Trumpers want police to start buying
military weapons against civilians again.
SCAMS:
Pretty
people tend to be GOP and less pretty tend to be Dems—some nerd’s study.
Lady on Deal Dash did NOT pay $30
for TV—bought $450 worth bid packets first.
Ignoramus Award:
KS
destroyed thousands of votes: “computer glitch” that seems to be in GOP
states
CO GOP
runs away from his voters who want answers about their health care plans
Christie
blames his wife for not getting job with Trump—he closed GW bridge
illegally
How our government
wastes our money—Save
Medicare & SS instead of more weapons!
New war machines LCS
have cost overruns of $500 million each and HALF don’t work so why would
Trump want to pay more for a ‘bad’ deal?
Where have all the
jobs gone? The game is to announce
now; later who knows?
Amazon
100,000 in mostly warehouse packers and already planned before The Don
Macy’s
fired $1 million exec so it can hire back 10,000 real workers?
American
Apparel kicks 2400 out after bankruptcy
Wal-Mart 10,000
jobs at 59 stores but cut 1,000 at corporate
GM says keeping 7,000
jobs to get Trump from criticism.
Which job board sites are best
for your job search?
Who owns your
account now?
Miracle:
53%
of white women voted for Trump—“get past the remarks”
IAN
41 Watchung Plaza, B242
973.746.2014
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